Hey Folks!
Well now the United States Post Office is in trouble. They estimate a loss of $238,000,000,000.00 in the next ten years.
What does the post office want? More flexibility in setting delivery schedules, price increases, and labor cost.
What does this mean to us? While rumored for a long time we may now have our mail delivered 5 days a week. This will eliminate Saturday service. Current “rule of thumb” is since we have mail on Saturday, it counts as a “business day”. With the post office closed will Saturday, now be treated like Sunday, or Federal Holiday?
If so we will no longer be able to “fund” loans on Saturday. This can take an enormous toll with purchase money and even a bigger toll with folks refinancing current homes.
Now if the post office gets it way will others follow? Banks, Drug Stores, Retail Stores? Are we headed back to the old “blue laws” or will our society become a 24/7 community? Guess only time will tell.
For now everything is fine. So when you need some help I’m here on Saturday (also Sunday, nights, and holidays)
American Bank Mortgage Group is a direct lender servicing all 50-states. I’m centrally located in Indianapolis, IN and can help answer your questions and best of all we close mortgages in 10-days or less.
At your service,
Tony Grego
Senior Mortgage Banker
American Bank - Indianapolis, IN Branch
www.getmyratequote.com
www.tonygrego.com to learn more about me
317-348-0280 direct line
317-536-3754 fax
"Bankers with vision, helping people with dreams!"
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